RELATING TO SIGNATURE OF A MINOR TO BONDS, OTHER OBLIGATIONS, OR MORTGAGE.

AN ACT TO AMEND CHAPTER 92 OF THE REVISED CODE

OF DELAWARE, 1935, AS AMENDED, WITH REFERENCE TO THE SIGNATURE OF A MINOR TO ANY BONDS, OTHER OBLIGATIONS OR MORTGAGE.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

Section 1. That Chapter 92 of the Revised Code of Delaware, 1935, as amended by Chapter 230, Volume 45, Laws of Delaware, 1945, and by Chapter 164, Volume 46, Laws of Delaware, 1947, be and the same is hereby further amended by striking out all of the last paragraph of 3688. Sec. 31. thereof and by enacting in lieu of the part so stricken out the following new paragraph:

The signature, seal and acknowledgment of a person under the age of twenty-one (21) years and of the age of at least eighteen (18) years to any bond, other obligation and/or mortgage shall be valid and legally effective for all intents and purposes in law or in equity and shall bind him and/or her, his and/or her heirs, executors and administrators as effectually as if he or she were twenty-one (21) years of age or upwards.